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CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 4,778 $ 4,275
Cost of sales 1,762 1,541
Gross profit 3,016 2,734
Research, development and engineering expenses 339 413
Selling, general and administrative expenses 1,781 1,710
Recall charges, net 0 14
Goodwill impairment 161 150
Total operating expenses 2,281 2,287
Operating income 735 447
Other income (expense), net (56) (61)
Earnings before income taxes 679 386
Income taxes 87 63
Net earnings $ 592 $ 323
Net earnings per share of common stock:    
Basic $ 1.56 $ 0.86
Diluted $ 1.54 $ 0.84
Weighted-average shares outstanding (in millions):    
Basic 379.0 377.7
Effect of dilutive employee stock compensation 4.2 5.0
Diluted 383.2 382.7
Cash dividends declared per share of common stock (in dollars per share) $ 0.750 $ 0.695